LAKE HOUSTON, TEXAS AN OVERVIEW OF RECENT ECONOMIC ACTIVITIES – September 2014 Lake Houston Area Economic Development Partnership website - http://www.lakehoustonedp.org/
Development in the Lake Houston Area is classified into 7 major categories: Mixed Use Development, Medical Development, Education Development, Commercial Development, Industrial/Technology Development, Public Development and Residential Development. The following information represents just some of the development projects that have occurred in the Lake Houston Area in the past several years that have had a positive effect on the local economy.
MIXED-USE DEVELOPMENT PROJECTS
S.PA - Generation Park is currently constructing a 52-acre corporate lifestyle center unlike any other place in the world. New and current employees and residents in the area will soon have easy access to a variety of restaurants, cafes, shops and entertainment, plus more relevant services such as a child development center, healthcare, fitness, car and even pet care. The S.PA will feature a full service hotel and extended stay options and a shared, top quality auditorium for corporate presentations and meetings. Located near the FMC Technologies corporate campus headquarters, the name S.PA is an acronym for Subsea Lane Pedestrian Advantage. Here, people are the priority, not cars. It will be a destination in Northeast Houston, with the kind of urban feel that attracts employees during the day, nearby neighborhood residents at night, and families on the weekend. Intercontinental Commerce Park - A 190 acre mixed-use project by Skymark Development Company. Early reports project that uses will include 145 acres of Light Industrial/Commercial and 42.76 acres of Commercial Retail and potentially Hotel. Updated information on construction timeline will be provided when information is released. Located along Will Clayton Pkwy and Old Humble Rd. May 2014 Kings Creek - A $1.2 billion LEED certified mixed-use condo apartment-retail development located between Sorters McClellan Rd. and South Eastex Freeway Service Rd. The development will provide 200,000 SF of commercial and retail space, 1 million SF of office space, 1000 condo apartment units, two hotels and infrastructure improvements, such as extension of Kingwood Place Dr. and expansion of Sorter Rd. from Hwy 59 to Northpark Dr. Construction scheduled to begin late summer 2014. Kingwood Parc – A truly mixed-use development at HWY 59 N and Kingwood Dr. Including 600,000-square-foot development designed to include shops, apartments, restaurants and an office tower, all in a pedestrian-friendly, modern environment. This location sits at the main entrance in to Kingwood and is the focal point for new retail development. It is expected to have 300,000 SF of retail space, including a grocery store, a 16-story class A office building and 300 apartments that will be built above retail. To see a pdf flyer, click here - http://www.lakehoustonedp.org/wp-content/uploads/2013/11/updatedbrochure.pdf (Scheduled to open 2015) Generation Park - Second largest privately owned tract of land in the Greater Houston Area. Located on the northeast corner of Beltway8/Sam Houston Tollway and W. Lake Houston Pkwy will be a 3,924 acre first-class mixed-use development with five districts serving a variety of uses. Office, Distribution Centers, Rail Served Sites, Manufacturing Centers, High Tech, R&D, Regional Medical and Corporate Campus sites are available and shovel-ready. To access more detailed information and learn more click link http://www.generationpark.com/downloads/GP_FLYER_R6.pdf Kings Harbor - 20-acre, waterfront mixed-use office, retail and residential development located at 1660 W Lake Houston Pkwy in the Kingwood/Atascocita market in the heart of Northeast Houston. Only commercial property in the Lake Houston Area located directly on the water. Opened in 2010 The Village at Northpark - 24-acre retail center and apartment development at the corner of Northpark Dr and HWY 59 Kingwood. The new Kroger Marketplace is unique because it is a super-sized Kroger which houses a Starbucks, Ashley furniture, Fred Meyer Jewelers, appliances, home goods, fuel center and several other amenities. Opened late 2013
MEDICAL DEVELOPMENT PROJECTS Kelsey-Seybold Summer Creek Clinic - Recently broke ground on a new $10.8 million multi-specialty medical clinic at 8233 N. Sam Houston Parkway East. The new clinic will open in fall 2014 and will replace the current Humble clinic location 8484 Will Clayton Pkwy. Memorial Hermann Northeast Hospital - A 255-bed facility, Memorial Hermann Northeast Hospital has been caring for families in the Lake Houston Area for over 30 years, offering world-class care close to home. Its affiliated doctors span a wide variety of disciplines. Also serves as the official healthcare provider to passengers traveling through Houston’s George Bush International Airport. Memorial Herman Northeast Hospital–Cancer Center - A ribbon cutting ceremony was held June 2013 at the Cancer Center, located at 18960 Memorial North, directly across from the hospital on the Humble campus to celebrate an almost $4Mill investment in new technology, along with newly formed partnership with University of Texas Oncology Physicians for breast cancer and urology specialists. Memorial Hermann Convenient Care Center - The first of its kind for the Memorial Hermann Hospital System, the new Convenient Care Center located at 14201 East Sam Houston Pkwy Beltway 8 near Summer Creek High School will deliver a new model of care for patients. Opened in 2013 Kingwood Medical Center - A 278-bed hospital located at 22999 U.S. 59 S underwent an $80 million expansion completed in May 2014 that includes a three-story addition and renovations to the existing hospital which will provide space for the new state-of-the-art Women's and Children's Center as well as several hundred new jobs to the area. Brasfield & Gorrie also built a new central energy plant as part of the project. HealthOne 24 Hour Emergency Care - A department of Kingwood Medical Center. There are two locations in the Lake Houston Area. One in Fall Creek located at 9711 N. Sam Houston Pkwy East and a separate office at the Kingwood Medical Center at 22999 U.S. Highway 59 North, Suite 134. Opened in 2012 Texas Emergency Care Center - A full-service emergency room, opened a new 20,000 SF building at 19143 W. Lake Houston Pkwy in Atascocita in September 2011. They have 30 full time employees. Berkeley Eye Center - Moved its corporate office to Kingwood and opened a new clinic in a new facility located at 22741 Professional Dr that resulted in 17 new jobs to the Area. Opened in 2012 The Fondren Orthopedic Group - Opened a Physical Therapy department in June 2011 at their Kingwood location at 601 Kingwood Dr and has a location in Atascocita at 18411 W. Lake Houston Pkwy. Kindred Rehabilitation Hospital - Kindred opened a new 46 bed, 56,000-square-foot freestanding inpatient rehabilitation hospital in 2012, located at 18839 McKay Blvd, Humble, Texas. At full occupancy, the hospital will employ about 105 medical, nursing, therapy and support staff. Emeritus Assisted Living – Opened in May 2013, employs between 50 and 60 full-time employees and occupy 104,000 SF. Emeritus at Kingwood provides Assisted Living, Memory Care and Skilled Nursing services. The Dallas office of South Bay Partners Ltd. is the developer for the projects. Hearing Aid Express - Opening its sixth Houston-Area location in Kingwood Shopping Center May 2013. MedSpring Urgent Care - Austin-based urgent care center operator opened a clinic at 1450 Kingwood Dr. Opened in 2012 Eagle Springs Professional Center - A 26,000-square-foot medical professional complex developed by the Betz Cos. located on a three-acre site at 5510 Atascocita Road. Opened in 2013 Kingwood Orthodontics - Located across the street from Riverwood Middle School at Kingwood Dr. and High Valley Dr. opened in April 2013. Humble Pediatrics - An 8,000-square-foot building occupied by an affiliate of Texas Children's Hospital, located at 18350 Timber Forest Dr. Developed by Stryker/Groen Commercial Realty. Opened in 2012
RediClinic - Expanding its clinics which are operated out of H-E-B Grocery Co. stores. Two new clinics in the Lake Houston Area are located at In Houston at 7405 FM 1960 in Atascocita, and 4303 Kingwood Drive. Opened in 2012 Acadian Ambulance Service - One of the largest employee-owned ambulance services in the country has based its Houston operations in Humble after acquiring NorthStar EMS. Acadian is in the process of setting up an executive structure in Humble and is planning to hire additional employees to manage the growth of the company. Opened in 2012 Humble Surgical Hospital - Opened its doors in August 2010, located at 1475 FM 1960 Bypass Road East. They completed their new medical office building in the summer of 2013. Neighbors Kingwood Emergency Center - Opened this location at 1120 Kingwood Dr. in Feb 2012. First Choice Emergency Room - Opened its 8th Houston location 2012, located at 2158 Northpark Dr. Foot Reflexology – Opened a brand new location at the southwest corner of FM 1960 Bypass and Whitaker Dr in the Deerbrook Commons in June 2013.
EDUCATION PROJECTS Humble ISD - Four new campuses were opened in 2010; Summer Creek High School, Woodcreek Middle School, Lakeshore Elementary School and Atascocita Springs Elementary School, in addition to the newest campus at Ridge Creek Elementary which opened in Aug 2013. This brings the total number of campuses in Humble ISD to 42. More than 39,000 students and over 5,000 employees, Humble ISD is nationally recognized for the outstanding education it offers to students. Humble ISD is listed among the 25 fastest growing school districts in Texas, and is currently the 31st largest district in the state. In 2013 HISD is positioned financially to open Elementary School No. 28 and Middle School No. 9 over the next few years. District at total capacity should serve about 55,000 students. Projected total student enrollment for 2014-2015 is 39,456. The district averages about 1,000 new students every school year. Ridge Creek Elementary – Newest Humble ISD campus, opened in Aug 2013. Located at 15201 Woodland Hills Dr, Humble, 77396 and will feed into Woodcreek Middle School for grades 6-8 and Summer Creek High School for grades 9-12. Building costs estimated at cost $15.4 million and will serve 450 with capacity of 960 pupils. Lone Star College - Kingwood & Atascocita - Lake Houston Area population growth is helping to increase enrollment and prompted the building of two additional structures at LSC-Kingwood. The two new buildings, Student-Conference Center and the Music Instructional Building were completed August 2011. Fall 2013 enrollment at LSC- Kingwood was 11,943. Spring 2014 enrollment at LSC-Kingwood was 11,607. Lone Star College - Atascocita - LSC also opened a newly constructed 62,000 SF LSC-Atascocita Center located at 15903 West Lake Houston Pkwy and also serves as the home to Humble ISD's Quest Early College High School and the University of Houston Downtown's bachelor in business administration completion degree. At the start of the Fall 2013 semester in August, LSC-Atascocita noted a 52 % increase, which brings its student population to 818. Quest Early College High School (QECHS) - Located at the new Lone Star Kingwood Atascocita Center campus. QECHS Provides students with a high school choice that enables them to earn their high school diploma and a Lone Star Kingwood College Associates degree upon graduation. Opened in 2012 Children’s Learning Adventure - On Atasca Oaks Dr and Atascocita Rd in Humble. Opened in April 2013 Kids R Kids Day Care - Has opened a 15,600-square-foot facility at 18410 Timber Forest Drive. Opened in 2012 Primrose School of Eagle Springs - will open an 11,500 SF facility in August 2013 located at 17979 Eagle Springs Pky and will create 25 jobs and $3.5 million in project costs. Humble Area's First Baptist Church - Located at FM 1960 and Townsen Blvd East completed a new 40,000 sq ft Preschool and Children's Building to provide space for young families in the Humble Area. Opened spring 2013
COMMERCIAL DEVELOPMENT PROJECTS Cavendar's - Opened summer 2014. Located at 9225 FM 1960 Bypass in Humble, TX. La Quinta Inn - Located at Atascocita Rd. and Town Center Blvd. Scheduled to open end of summer 2014. Business and leisure travelers will be able to take advantage of free breakfast, free high-speed internet, and a fitness center. Shops @ West Lake Houston - Fidelis Partners will build a new retail center on over 65 acres at the northwest corner of the Betway 8 and West Lake Houston Pkwy intersection, in front of Summer Creek High School. The shopping center will provide 600,000 SF of commercial retail and will include a movie theatre and a Kroger as grocery anchor. 20 commercial pad sites are currently available. June 2014 Firehouse Subs - Plan to open a new location in Humble, located in the Townsen Crossing Center on FM 1960 W near Wal-Mart and newly constructed Kroger. This location is scheduled to open June 2014. Valero Corner Store - Big Diamond has purchased two acres on the north side of FM 1960 just west of Townsen Blvd in Humble. Jim Bavaset represented the buyer. The seller, 5P Development, was represented by Todd Edmonds of Colliers International and Mark Davis of Davis Commercial Real Estate. March 31, 2014 Kingwood Enclave - Houston-based Davis Commercial Development is currently in the process of securing For Sale, Lease or Build-To-Suit tenants for an office building site located near 19700 Kingwood Drive, just one block west of Kingwood Medical Center. This project features eight individual building sites that can accommodate buildings from 3,000 SF to 6,000 SF and can be combined to accommodate up to 20,000 SF. March 28, 2014 Domino’s Pizza - Announced it has leased 2,500 SF in the Atascocita Plaza Shopping Center on March 14, 2014. Fish Tales - Fish Tales will open two more locations in the Atascocita and New Caney areas in February 2014. They have a crawfish boil trailer that is perfect for catering for special events or as fundraisers for nonprofit organizations in the community. The Fish Tales in Atascocita is located on FM 1960 at the intersection of Pinehurst Trail right before the Atascocita Branch Library and the New Caney location will be at 20126 Loop 494. APAC Customer Services - a leader in global customer care outsourced services and solutions, has added 1000 jobs in its Humble, TX service center. APAC is a global leader of Customer Care business process outsourcing services and solutions including sales, customer care, technical support, and backoffice services. APAC Customer Services' clients include some of the most recognized brands in the world across all major market verticals. APAC operates via a world-class technology and operational delivery platform that spans North America, Latin America, Europe, Africa and Asia. Humble Office located at 3200 FM 1960 West. For more information - www.apaccustomerservices.com. Mattress One - leased 4,200 SF in West Lake Crossing at F.M. 1960 East near W. Lake Houston Pkwy. Feb 2014 Shoppes at Kingsgate - Schreer Partnership recently purchased the 153,000 square-foot Kingwood Shopping Center where Steinmart is located and plan to change the name to the Shoppes at Kingsgate. Long-term contracts with Steinmart, the dry cleaning business and many of the other existing businesses within the new Shoppes at Kingsgate have been secured. They plan to make each of the buildings have a unique look, change the lighting and landscape to transform it into a gated shopping center that is very user-friendly. Renovations will be complete by late-2014. Courtyard by Marriott – Located at the intersection of Northpark Plaza Dr and Eastex Freeway Service Rd. at entrance of Kingwood, opened January 28, 2014. The 115 room hotel features The Bistro, a 200 person meeting room a separate boardroom for conferences and meetings and employs over 35 workers. Holiday Inn Express - Located at 5616 FM 1960 next door to Spring Hill BBQ. Created over 15 new jobs for the area. Opened March 2014 New Commercial Pad Sites - New commercial property recently went on market on Southside of Northaprk Dr & Loop 494 and will soon be occupied by retail businesses. No news on specific future tenants at this point due to confidentiality. Jan 2014 Union Kitchen - After opening their first location three years ago in 2011 in the Bellaire Area and a second in Memorial The Union Kitchen opened their third location in Kingwood at 23918 Hwy. 59 N in October 2013.
Petco - The national chain recently opened a new location in Kingwood at 810 Kingwood Dr. Opened in October 2013 Gateway Buildings I and II – Lausrus Corp. a private real estate investor/developer has acquired the two Class A, 270k (combined) SF buildings located at 15333 John F Kennedy Blvd Houston, TX 77032. The six and eight story buildings will undergo upgrades and renovations to the lobby, corridors and bathroom facilities. Opened in June 2013 Parkway Family Mazda - The Kingwood car dealership is undergoing a $2 million renovation project, which broke ground in August and is expected to wrap up some time in early 2014. CVS Pharmacy – Newly constructed CVS Pharmacy located at 8800 FM 1960 in Humble. Opened November 2013. Goody Goody Liquor – Opened their first large scale liquor store in the Houston Area in Humble at 9805 FM 1960 west of Pappasito's. Fall Creek Plaza – Newly constructed retail strip center located on the eastbound Sam Houston Pkwy/Beltway 8 in Fall Creek at 15400 Vantage Parkway West. The Combined 100,000 SF retail strip center opened late 2013. Longhorn Steakhouse – Opened a new facility in Humble on a pad site at Deerbrook Mall in 2013. Dunkin Donuts – Opened a 3,806 SF in the Orleans Shopping Center on West Lake Houston Pkwy. First location in the Houston expansion for DD. Jonathan Hicks of Davis Commercial rep’d the tenant; Janet Maas of century 21 represented the land lord Compass Care Holdings. Opened October 2013 Red Wing Shoes – Celebrated the grand opening of new retail location at 9441 FM 1960 West in July 2013. The Overlook – Opened May 2013, located at 20114 Pinehurst Drive Atascocita, TX 77346. The Overlook made significant remodel and improvements on the previous 22 acre Atascocita Country Club and will provide beautiful spaces and dining for weddings, corporate events, private retreats, reunions and more. Going’s Barbecue – Opened a brand new location at 20669 W. Lake Houston Pkwy. Known for their fresh pit barbecue, sandwiches and steaks. Opened in May 2013 HEB Kingwood Drive - The current HEB located at the corner of Kingwood Dr. and W. Lake Houston Pkwy will relocate to an expanded 100,000 SF location across the street at the current location of the King's Crossing apartment complex. June 2014 HEB Summerwood – Located at 12680 West Lake Houston Pkwy in Summerwood. An 88,000-square-foot stand-alone with all of the features of a grocery store in addition to a car wash and gas station with regular and diesel gas for customers. Opened in September 2010. A new Carl Jr's was constructed on a pad site at HEB Summerwood and opened in late 2013. Aldi Discount Grocery - Known for its low prices, sells produce, meat and other grocery items generally sold under its own label, will open one of 15 new Houston stores at 6900 FM 1960 East. Aldi’s Humble store at 8755 FM 1960 will open Jan. 23, 2014. Chic-fil-A - Opened a location at 4594 Kingwood Dr. in October 2012. Johnny’s Pizza House – The new location is at Kings Lake Estates, 20669 W. Lake Houston Pkwy. The establishment will provide a sports bar themed atmosphere serving food and beverages. Opened in April 2013. Garden Ridge Pottery – Opened a new location at 9450 FM 1960 Bypass Rd. W, Humble, TX 77338 in 2011. Academy Sports and Outdoors has leased 95,000 SF, and Burlington Coat Factory has leased 73,000 SF of the former Kmart store. Cheddar’s, Logan’s Roadhouse, and Freebird’s also built restaurants on pad sites in the front. Opened in 2011 Commercial State Bank - Opened in June 2011 located at 10203 Birchridge Drive Suite 100 Humble, TX 77338.
INDUSTRIAL/TECHNOLOGY DEVELOPMENT DB Schenker expansion - Construction started in September 2014 of another building in the Kenswick AirFreight & Logistics Centre in north Houston after DB Schenker, the world's second largest transportation and logistics firm, based on revenues and performance recently signed a lease for the entire 150,000 sf office/warehouse. The property sits on 13-acres and includes more than 3 acres of outside storage. The building will be part of a 51-acre business park on Kenswick Drive just north of Will Clayton Parkway. Munson Kennedy Partnership is the project architect and Rosenberger Construction is the general contractor. DB holds top positions in global air and ocean freight and has Europe’s densest land transport network and the rail expertise of Europe’s largest rail freight company with around 2,000 locations in all of the world’s most important economic regions. FMC Technologies - Held official groundbreaking ceremony May 2, 2014 at the new location of their corporate headquarters. Within the next 10 years, the company’s goal is to consolidate all of its 10 Houston facilities–including its corporate headquarters–to a single, state-of-the-art campus. The new campus sits on 173 acres they purchased at Generation Park below the southwest corner of the intersection of Beltway 8 W and W. Lake Houston Pkwy. Within the next two years, the company will move approximately 1,800 of its 3,700 Houston employees to the new campus. Employees will begin moving to the new campus in 2016. First Northwest Commerce Center - Being built on 24-acre site at 4800 Greens Rd. on the north side of Beltway 8. The 360,000 SF distribution center can accommodate one single tenant or multiple tenants who require at least 40,000 SF. The building is scheduled to be completed sometime in the fourth quarter of 2014. M&D Distributors - Leased a building in late 2013 located at 7902 FM 1960 just before Lee Rd. and started business Jan. 2014. The heart of M&D is Diesel fuel injection parts and systems, but along with adding locations and territory, have also added to their capabilities to serve customer’s needs for turbochargers, engine parts, filtration, and more. K2 Logistics - A full-service logistics and supply chain management company serving all industries broke ground March 2013 on a 250,000 SF distribution center on the corner of FM 1960 W and Kenswick near George Bush IAH. K2's cross-dock distribution facility represents a $20 million investment on 18 acres and 50 new jobs. But internal negotiations are ongoing with company stakeholders for consideration of moving its company headquarters from Minneapolis to the Lake Houston Area as well. Opened mid 2014 Amazon Fulfillment Center - Amazon is leasing a newly constructed 250,000 SF distribution located on the 8000 block of Humble Westfield Rd. The operation taking place at this new facility is significant because the company has stated they will be introducing a new service however no exact details have been released at this time. This facility will create approximately 200 new jobs to the area, all with full benefits, stock in the company and opportunities for performance bonuses. March 13, 2014 Kenswick AirFreight & Logistics Centre - A premier business park located just minutes away from Bush Intercontinental Airport on Kenswick Drive. The first phase of the 51-acre park featured two rear-load, dock-high buildings totaling 164,750 sf. Two additional rear-load buildings totaling 133,250 square feet were completed in Spring 2013 and available for lease. Build-to-Suit opportunities are available on the 25 acre (divisible) Phase III land tracts. Located adjacent to the IAH CargoCenter, also known as the “East Cargo Area" all within a Freeport Exemption Zone Two buildings to be completed in Spring 2013 totaling 133,250 sf: - Building 3 : 74,880 square feet (divisible) with over 2.5 acres of outside storage available - Building 4: 58,270 square feet (divisible to 6,760 square feet) with outside storage available Ligomar and Orinkola Supply - purchased 112 acres at FM 1960 and Broze Road with plans for a new manufacturing facility for drilling rigs. Purchaser stated it is a great industrial site for their manufacturing plant because it is a solid location in North Houston, directly across from Bush IAH with access to both Hwy 59 and I-45. January 2014
Beltway North Commerce Center - Davis Commercial announced today the acquisition of a 35-acre development site in Houston’s North Submarket to build a Class “A” Industrial Facility. Construction will consist of a 352,000-squarefoot state-of-the-art cross-dock industrial building on the site and will be designed to achieve LEED Certification. The building is a very attractive and functional design incorporating 32-foot interior clear height, two-story glass office entries, wide truck maneuvering aprons, plenty of employee parking and freeway front signage opportunities for leasing. The site has over 1,200 feet of frontage on Beltway 8 and lies just east of the intersection with the Hardy Toll Road in Houston’s north submarket, one of the healthiest industrial submarkets in the country. The building planned for the site should provide the latest features that Houston’s growing manufacturing, distributing, and warehousing companies need to be competitive. March 20, 2014 The Airtex Distribution Center - Located at 300 West Airtex Blvd, just west of I-45, broke ground this month and is scheduled for completion later this summer. The site will house a Class A cross-dock 225,360 SF warehouse building which will feature 32-foot clear heights, high truck door, trailer parking and mechanical features including T-5 lighting and ESFR sprinklers. This project is an indication of the north Houston sub-market's continued demand for Class A warehouse and distribution facilities, particularly those with high clear heights. March 25, 2014 6201 Rankin Rd. - a 10 acre with existing 82,000 SF metal building site located at the end of Rankin Rd. west of US-59. Buyer recently closed on the site but future business operations at this point have not been announced. Feb 2014 Air 59 Commerce Center - is a 111 acre site is located across the highway from George Bush Intercontinental Airport on the northeast corner of U.S. Highway 59 and Will Clayton Parkway, will hold 1.5 million to 2 million SF of buildings for commercial use. Available and awaiting tenants as of January 2014. IAH Business Park – Levey Group purchased 17.5 acres situated in between Hardy Toll Rd. (on west) and Bush Airport (on east) on Aldine Westfield Rd., bounded by Richey Rd. (on north) and Rankin Rd. (on south). This development is a 200,000 + SF speculative industrial park shovel ready as of the end of 2013. Weatherford Production Optimization – Completed a significant expansion at 22001 Northpark Dr. just west of HWY 59 in early June 2013. This expansion allows for continued operations which include; Administration Center, Engineering Center, Manufacturing Center, Operations, Sales Center, Service Center, Stocking Location/Warehouse, Test and Research, Control Systems, Flow Measurement, Gas Lift Systems, Lift Optimization, Progressing Cavity Pump Systems, Reservoir Monitoring, Rod Pumps, Software. Houston Plating & Coatings – Located at 2622 Wilson Rd., HPC is a specialty metals coating company, who just last year completed building out of an additional 60,000-square-foot space in Humble, expanding on its already existing 100,000-square-foot location. They added new proprietary processes along with 100 employees in the past two and a half years to boost its headcount to 300. 2013 Venture Precision Technologies - recently leased a 5,000-square-foot building at 1809 Humble Place Drive. Robert McGee and Thomas Leger with The National Realty Group represented the landlord, Mullane Interests. Opened in February 2013 DeLorean Motor Co. Inc. - Has partnered with Epic Electric Vehicles as the composites manufacturer for the new DeLorean Electric Vehicle which started production in 2012. Humble-based Delorean has a medium sized office which holds its worldwide headquarters and an automotive parts service and modification garage for vehicle customization and design. Laser Tissue Welding - Humble based bio-tech company. The company has one issued patent; two patents are pending and have exclusive rights via a licensing agreement to the technology. Laser Tissue Welding has completed development of a clinical device and successfully completed a human feasibility clinical study in 2012. GrowthForce LLC - No. 51 on Houston Business Journal’s Fast Growing Companies. Located in Kingwood, GrowthForce Technology Partners started as a sister company to build applications that interface with QuickBooks. 2012
PUBLIC PROJECTS N. Lake Houston Pkwy Expansion - Harris County is expanding North Lake Houston Parkway, one of the five Beltway 8 interchanges serving Generation Park, to a 4-lane boulevard with new sidewalks. The project broke ground late late 2013 and is budgeted to cost $16.5MM. The expansion provides companies locating in Generation Park even better access to Beltway 8 and Lockwood Road. In addition an announcement is expected for an even larger infrastructure investment in June 2014. Beltway 8 Expansion – In February 2011, the Northeast section of Sam Houston Tollway/Beltway 8 opened 13 miles of tollway that completes the Outer Loop and connects to the Houston Ship Channel industries and the Port of Houston. Grand Parkway (SH99) - Is currently under construction from IH-10W to US 59N. The segment from IH-10W to US 290 will open in 2013 and the segments from US 290 to US 59N will open in 2015. The Grand Parkway will intersect US-59 at Community Drive, just above New Caney High School. Widening of Townsen Blvd. - The City of Humble approved the expansion to four lanes, two in each direction from where Townsen meets U.S. Hwy. 59 to F.M. 1960. This expansion will help ease a portion of the congestion issues and the future development. July 2013 Northpark Extension opening – Northpark Dr. was expanded to four lanes from W. Lake Houston to Mills Branch in 2011. Northpark Drive at Woodridge Parkway/Hidden Pines - Beginning July 1, 2013, the City of Houston's Public Works and Engineering Department will begin constructing a dedicated left turn lane at the intersection of Northpark Dr at Woodridge Parkway/Hidden Pines to accommodate larger traffic volumes and mitigate traffic flow. George Bush Intercontinental Airport - One of the premiere global gateways with; five terminals, nonstop flights to 122 destinations in the U.S. and nearly 70 international destinations. IAH has connections to 165 airports and 40 million passengers came through IAH in 2013. Terminal B’s renovated south concourse includes 225,000 square-foot facility — nearly four times the size as the previous south concourse — to be dedicated to United Express regional flights. The first 15 gates of the $97 million south concourse became operational in May 2013. United Airlines will add 15 more gates by the start of 2014. In addition, Terminal D (for international flights) will undergo a complete renovation from 2014-2015. The airport recorded a record-breaking 8.9 million international passengers through the terminal in 2013 which is an increase of 2.5 percent from 2012. The airport itself employs approximately 750 jobs.
RESIDENTIAL DEVELOPMENT PROJECTS KB Homes Rivergrove – New development, groundbreaking and land clearing began July 2014. Entrance located at West Lake Houston Pkwy and Upper Lake Dr. Kingwood, TX. Amenities include a neighborhood park and walking/biking trails, nearby shopping and entertainment at Kings Harbor, Kingwood Town Center and Atascocita Commons. Rivergrove is located in Kingwood and will be a single-family home community with 246 single family homesites,” Cara Kane with KB Home said. “Homes will range from 1,800 to 3,200 square feet. The community will also feature a neighborhood park, walking/biking trails and an amenity lake. It is projected to open in December 2014 KB Homes Lakewood Pines Estates – Land clearing and pre-development began June 2014. Entrance located at 15298 West Lake Houston Pkwy. Approximately 75 acres,*200 single-family homes with Lakefront lots available. Close to shopping at H-E-B Summerwood Market and Atascocita Town Center. Located in close proximity to multiple employment centers, including the the Houston Ship Channel and upcoming Generation Park. Amenities include a park area, pavilion, trails, pond, lake fountain, pool and recreation center. (http://www.kbhome.com/new-homes-houston/lakewood-pines-estateslakefront) KB Homes Riverpoint Village - A new subdivision located on Mills Branch Road in Kingwood near Shadow Forest Elementary named Riverpoint Village completed construction on 49 single-family lots on Dec. 31, 2013. Entry landscaping for the development has been completed and 11 of the 49 lots in
Riverpoint Village have been sold as of July 2014. Brighton Homes, the homebuilder for the project, is currently working on completing their model home; there are no occupied residences within the community at this point. Brighton projects that the Riverpoint Village homes, once completed, will range from 2500 to 4100 square feet and will cost $275,000 to $375,000. KB Homes Brookwood Forest Springs – Located West of Hwy 59 along Sorters McClellan Rd, just North of Northpark Dr. KB Homes Single Family Residential development. Easy access to Hwy. 59; convenient to downtown Houston. Minutes from George Bush Intercontinental Airport. Nearby recreation at Lake Houston and Lake Houston Wilderness Park. Future amenities include a lake and recreation center. Grand Texas Theme Park opening in Spring 2015. Opening Winter 2014. No further details at this time as of August 2014. Over 100 acres will be developed which should total approximately *600-700 homesites at full buildout. Ravella at Kingwood Apartment Homes - Stanmore Partners broke ground on its first multifamily development in the 24-acre master-planned Village at Northpark. Stanmore project coordinator Darci White says the Class-A community will sit on 13 acres. The upscale retail center includes the largest Kroger in Texas. Ravella will have 264 units ranging from 709 to 1,689 SF. It’ll feature a dog “spaw” where residents can groom and pamper their pets, and an onsite bike repair and storage shop. It’s designed by Steinberg Design Collaborative with interiors by Moore Design Group. Hoar Construction is GC. (August, 1 2014) Watercrest Kingwood – Senior villa and apartment housing located at 24025 Kingwood Pl Dr Kingwood, TX 77339. Construction is currently underway and is scheduled to be completed and ready for move in Summer 2015. Will include 170 units integrated to current Emeritus at Kingwood and specialty care facility, creating a campus like development tying each building together. Northwoods - 700 acre development by Toll Brothers located just south of the future Grand Parkway expansion at US-59 South. This community will have more than 1,000 single-family homes when completed. Northwoods will offer residents miles of walking and biking trails, a recreational facility, parks, and lakes. Toll and other builders will develop the homes, which will be priced from $300,000 to more than $600,000. The project is expected to open fall 2014. Woodridge Forest – The 296-acre Woodridge Forest community property is located at the front of Kingwood on Northpark Dr, between Loop 494 and Woodland Hills Dr. The development has been designed to house 800 single-family homes. Under development as of 2014 Crescent Communities - The Grove – Entrance will be 4 miles north of W. Lake Houston Pkwy & Beltway 8. Groundbreaking will happen December 17, 2013 and initial spec homes will be available by the 4th Q of 2014. In all The Groves will feature; a mixed-use community on 993-acres, 2,200 single-family homes, 540 apartment homes, a 10-acre community center with neighborhood retail, commercial uses, pool and 2 sites for future schools in Humble ISD. Six different builders will be featured, preliminary home prices will range from $250,000 - $400,000. The Bridges of Lake Houston - The Bridges of Lake Houston will develop approximately 332 acres with about 1000 housing units. One portion of ±53.64 acres of mixed-use commercial land along W Lake Houston Pkwy which will feature retail, office and/or multifamily uses. The eastern portion is ±278.79 acres of residential land. Construction scheduled to begin 2Q 2014. Oakhurst at Kingwood – Oakhurst boasts everything from luxury patio homes to custom designs and golf-course as well as lake-view homesites. As of November 2013 - 200 lots are currently available, about 1 and 1/2 years left of construction until capacity is maxed out, 222 homes sold in 2013. Royal Shores - 53 lots currently available. Currently facing environmental delays due to bald eagle nest located on the property Tavola - 1,560 acres located in New Caney, seven miles north of Kingwood on Highway US 59. Acquired 1 year ago, 3 different lot sizes available for sale May 2014 Royal Brook - 700-800 homes on 330 acres located to the east of Mill Branch Dr. at the end of West Lake Houston Pkwy. WLH Pkwy will be extended and widened to four lanes.
This information is provided by the Lake Houston Economic Development Partnership 110 W. Main St. Humble, TX 281-446-2128 Use of this information with or without the consent of the Lake Houston Area Economic Development Partnership is highly encouraged! The information contained herein was gathered from various sources deemed to be reliable; however no warranty or representation, either express or implied, can be made by Lake Houston Economic Development Partnership as to the accuracy or completeness of this information. Copyright © 2014